Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-09-24
west build up rapidly, and their real es-

friends and telegraph the newspapers
that they have s boom. TIE friends 1ock
in and, seeing evidences OF prosperity,
proceed to buy property snd force
prices up, with the full belief .ha. the
town TO which their attention has been
called is destined TO be the metropolis OF
.le section, etc. There is scarcely
town in Kansas but mas friends who real
ly believe their pet town will be 8 city.
This is caused wholly by lack OF iafor-
nation in regard TO what your neighbOrs
sre doing. The narrow minded VINO goes
west and Investigates one or perhaps TWO
points, will be either the loudest friend
or the loudest enemy to western inve5i-
ments, and his opinion, either for or against
is worthless. But the mah who will travel
up and down the entire west, carefully
investigate and repeat his trips until nc
becomes thoroughly acquainted with sill
locations and their growth, should be
able to give en- opinion Of some yalue.
He will universally advise sgainst specu-
lations in interior towns, nc matter how
favorable their prospect, for the reason
that, while it is true that 9 purchase
might be made IN such town and sold
agatn at G good profit, there is en- ele-
ment of risk ard the purchaser might be
compelled to hold his property for long
term Of years, like the early buyers n
Springfield.
"NoW separate the interior points from
the natural commercial centers, i. e. the
distributing points which command .
scope OF territory which must draw its
supplies from such center. He will tell
you that investments in such center sre
safe Investment and absolutely sure to
return profit on the money"
GLOW cGn such Centers be located?"
"They are located by far-seeing men
who select naturally commanding
point snd the railroads clinch the argu-
ment. Such towns as Duluth, Mime
sp0li5 and ST. Paul, Omaha, Kansas City,
Fort Smith, Ark, Fort Worth, Texas, FL
Paso and Denver. People who ere
fort innate enough to buy IT such points
when they are yet small and property
cheap, make profits that are startling.
VAS offered property in K1DsssiCitY in 1871
Tor $4,000 that is now ITorth So, ZOO, 900
and $4,000, 600. l saw property in Fort
Smith, Ark, that was offered at $4,000
last summer, sell for e55, 900 last March,
! 81 advance Of some $50 ,00G OF $4,000
| investment il the spsCe OF seven months.
| Fort Worth property is now very lew, but
advancing steadily. Its position as q
heavy railroad center is established, and
if it should grow to 8 city Of 900 peo-
ole in the next ten years 1t would only
follow the rule and would not surprise
men who sre posted On such matters.
1t is noT an open secret that the
high officials of the principal rail
roads, knowing the intention Of their
lines to build Fort Worth up to g large
railroad center, formed syndicate and
purchased property there at q low price
which is now worth some $500, 600. Is is
also known that some fifty of the haayi
est real estate buyers from Wichita, Kan
sas City, Ottawa and Burlington, Kas.
Columbia, Sedalia, Carthage and other
points in Missouri and Illinois. jOi ned 10
gether last spring and agreed that eGCt
member should 20 TO Fort Worth during
midsummer and quietly buy property.
'In October they will meet at Fort
Worth with the railroad people and var
ious buyers from Boston and the west
The knowledge OF these facts has leaked
out and has beel one Cause Of the heavy
influx of money into Fort Worth thi:
summer. Parties ere naturally anxious
to buy where values are low, and this he!
caused the steady rise in prices ever
during the hot months. Parties who ex-
pect to get in OF the ground floor have
just about thirty days more to secure
footing. Prominent newspapers in var
iou5 psrts of the country are commentins
5 On these facts, and things are beginning Il
boil already, much to our discomfort, fOI
we are anxious to get our friends an
customers well loaded up before tn,
movement begins il earnest"
Is Fort Worth pleasant place 10 live
, "Northern friends who have Ceen GheI
, all summer report that while they hav
steady warn weather, there are nc sue
days of extreme heat ss we have had, an
D the nights are, without exception, COO
: The hotels are first class. One built c
] stone, four stories, with elevator, etc
L hiss full complement Of French cook
J and French waters. Two other hotels
] enc three and the other four stories, ar
built of brick The city is lighted With "a
{ and electricity, and has numerous lines {
e street cars The business and part of th
residence portion is maCadamized. Som
J, 200 ertesiar wells furnish the purest {
e water. The city proper is situated Q
e high plateau, and with pure wetel
q ditto air, good hotels, mild winter an
j abundant opportunities for maxim
- money. rOrG ~ OrLE Is very aeSITlIa
Z place for residence, and visitors wh
= expect 30 find it crude and unciyiliZed a.
: very agreeablY disappointed TO ind G eli
e with 81 city's privileges, with WorI
II OF nerve and grit and growing VT
gigantic strides. There is certain air
II prosperity and power that perVades ever
thing connected with it."
E. Are any OF the Springfield parties
10 of
Is every few. There are, however,
d nunher who will 90 down there in Oct
/ Der to operate during the boom, and ale
le will winter there instead of in Florida
y California"
ID ----z..------
~ Petroleum Prospectors Mum.